Cobrand Product & Innovation Analyst
Barclays
Product, IT
New York, USA
USD 70k-100k / year
As a Barclays Cobrand Product & Innovation Analyst, you will support the development and implementation of our innovation agenda for one of our key strategic partners, with a focus on driving growth and improved experiences across the entire lifecycle of the customer. You will help translate strategies into deliverable initiatives, assist with the development of business requirements, and oversee the end-to-end execution. You’ll be a key connector between internal teams and external partners, ensuring seamless execution of large-scale strategic initiatives while operating in a controlled manner.
To be successful as a Cobrand Product & Innovation Analyst, you should have:
Experience in both internal and external relationship management
Experience in project management and process oversight
Ability to support large-scale strategic initiatives tailored to partner goals with an understanding of the big picture
Familiarity with cobranded product dynamics, especially in industries like financial services, travel, or retail
Experience in acquisition and existing customer management
Some other highly valued skills may include:
Ability to collaborate effectively with teams in varying internal lines of business (partnership, marketing, technology, controls, legal, etc.) to ensure aligned and timely execution
Experience with large-scale projects and initiatives that span across multiple touchpoints in the customer journey and internal processes
Ability to be flexible and juggle multiple priorities while maintaining quality and speed
Attention to detail to ensure accuracy, compliance, and seamless execution
Ample written and verbal communication skills. Client-facing experience is preferred
You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.
This role is located in New York, NY.
Minimum Salary: $70,000
Maximum Salary: $100,000
The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.
Purpose of the role
To establish and nurture profitable partnerships that contribute to the bank's growth and strategic objectives, by acting as liaison between the bank and its external partners, working to create mutually beneficial collaborations.
Accountabilities
- Execution of market research activities to identify potential partners whose offerings and target markets meet the established criteria for selection, considers industry, experience and service quality, and ensuring that they contribute to the bank's strategic objectives through the alignment of partnership initiatives.
- Assessment of the financial stability, reputation, and technological capabilities of potential partners to ensure they meet the bank's criteria for collaboration.
- Collaboration with legal teams to support the development and negotiation process of agreements which clearly define the scope of collaboration, revenue sharing models, service levels, risk allocation and responsibility for each party.
- Collaboration with internal teams and partnering teams to support the smooth integration of products and services, and the development of joint marketing/sales campaigns to enhance customer reach and experience across both organisations.
- Evaluation of key performance indicators to measure the success of the partnership, identify areas for improvement, and make adjustments as needed.
- Relationship management of their counterparts at partner organisations, fostering trust and open dialogue to address any issues or concerns promptly.
- Internal consultations, sharing their market insights and industry knowledge with relevant departments within the bank.
Analyst Expectations
- To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
- Requires in-depth technical knowledge and experience in their assigned area of expertise
- Thorough understanding of the underlying principles and concepts within the area of expertise
- They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
- OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
- Will have an impact on the work of related teams within the area.
- Partner with other functions and business areas.
- Takes responsibility for end results of a team’s operational processing and activities.
- Escalate breaches of policies / procedure appropriately.
- Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
- Advise and influence decision making within own area of expertise.
- Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
- Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
- Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Make evaluative judgements based on the analysis of factual information, paying attention to detail.
- Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
- Guide and persuade team members and communicate complex / sensitive information.
- Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.